With his new podcast, Generations of Wealth, Richard Landzaat brings his wealth of knowledge directly to listeners. The show dives deep into the art and science of wealth creation, offering actionable insights, inspiring success stories, and practical advice tailored for small business owners and forward-thinking individuals alike. Through engaging interviews and candid discussions, Richard helps demystify the journey toward financial independence and encourages a mindset that values long-term growth over short-term gains.
Beyond the boardroom and the podcast microphone, Richard is a dedicated community leader who believes in the transformative power of education and mentorship. His work is driven by a simple yet profound idea: that every entrepreneur deserves the opportunity to build a legacy of wealth—not just for themselves but for the generations that follow. Join Richard Landzaat on Generations of Wealth as he shares the tools, strategies, and inspiration needed to turn entrepreneurial dreams into enduring realities.
Contact Richard at rlandzaat@summafinancial.ca or richard@portaviamgt.com
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With his new podcast, Generations of Wealth, Richard Landzaat brings his wealth of knowledge directly to listeners. The show dives deep into the art and science of wealth creation, offering actionable insights, inspiring success stories, and practical advice tailored for small business owners and forward-thinking individuals alike. Through engaging interviews and candid discussions, Richard helps demystify the journey toward financial independence and encourages a mindset that values long-term growth over short-term gains.
Beyond the boardroom and the podcast microphone, Richard is a dedicated community leader who believes in the transformative power of education and mentorship. His work is driven by a simple yet profound idea: that every entrepreneur deserves the opportunity to build a legacy of wealth—not just for themselves but for the generations that follow. Join Richard Landzaat on Generations of Wealth as he shares the tools, strategies, and inspiration needed to turn entrepreneurial dreams into enduring realities.
Contact Richard at rlandzaat@summafinancial.ca or richard@portaviamgt.com
In this episode of the Generations of Wealth podcast, host Richard emphasizes the paramount importance of time in building wealth, but also gives hope for those of us who feel like it’s “too late for me.” Richard discusses the relevance of saving at any age, not just for retirement but for various financial goals.
Key Takeaways:
Saving is Relevant at Any Age: While starting early is advantageous, Richard stresses that it's never too late to begin saving. Even individuals in their forties can benefit significantly from starting the habit of saving, whether it's for retirement, a down payment on a house, or other financial goals.
Time in Business Succession Planning: The critical role of time in planning for the transfer of business ownership. This includes considerations like the two-year ownership rule for tax-free capital gains, the implications of corporate freezes and rollovers, and the need to strategically plan for owner transitions, potentially by training successors well in advance of a sale.
The Psychological Aspect of Time and Money: Richard touches on the human tendency to procrastinate on long-term financial planning. He highlights that many younger individuals don't prioritize retirement savings due to the perceived distance of the event, while older individuals might feel they've run out of time. The episode encourages listeners to overcome this mindset and recognize the continuous and crucial role of time in all financial decisions, regardless of their current stage of life.
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Subscribe to Generations of Wealth and Contact Richard at rlandzaat@summafinancial.ca or richard@portaviamgt.com
With his new podcast, Generations of Wealth, Richard Landzaat brings his wealth of knowledge directly to listeners. The show dives deep into the art and science of wealth creation, offering actionable insights, inspiring success stories, and practical advice tailored for small business owners and forward-thinking individuals alike. Through engaging interviews and candid discussions, Richard helps demystify the journey toward financial independence and encourages a mindset that values long-term growth over short-term gains.
Beyond the boardroom and the podcast microphone, Richard is a dedicated community leader who believes in the transformative power of education and mentorship. His work is driven by a simple yet profound idea: that every entrepreneur deserves the opportunity to build a legacy of wealth—not just for themselves but for the generations that follow. Join Richard Landzaat on Generations of Wealth as he shares the tools, strategies, and inspiration needed to turn entrepreneurial dreams into enduring realities.
Contact Richard at rlandzaat@summafinancial.ca or richard@portaviamgt.com
